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Daniel Kaplan

Staff writer Daniel Kaplan covers the NFL, finance and tennis.

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Judge Dismisses Lawsuit Against NFL Over Painkiller Distribution

Published in SportsBusiness Daily on 12 / 17 / 14

A federal court judge today dismissed a lawsuit against the NFL brought by former players alleging the league failed to oversee the distribution of prescription painkillers. Judge William Alsup ruled that the lawsuit was preempted by federal labor law, as the NFL had contended, because the pl...

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More Stories by this Author

04/29/02
SportsBusiness Journal: Grizzlies get paws on $90M

The Memphis Grizzlies, with their first full season in a new city just under their belt, are borrowing $90 million as part of an effort to carry them through the next two years until a new arena is completed. In addition to the financing deal, which is scheduled to close next month, the ...

Tags: Basketball, FedEx Corp., Memphis Grizzlies, NBA, SociŽtŽ GŽnŽrale, This Week's Issue

04/29/02
SportsBusiness Journal: Sports investment fund adds 5

Sports Capital Partners, a $215 million fund that invests in and buys sports and leisure companies, named five new board members recently, including golfer David Duval and retired tennis great Jim Courier. Also named to the board was Barry Frank, president of TWI, IMG's media u ...

Tags: Finance, IMG

04/29/02
SportsBusiness Journal: FSN renews ATP deals

Fox Sports Net has renewed deals to cover the semifinals and finals of four ATP tournaments after losing out this winter and spring on U.S. tour stops to the Outdoor Life Network (OLN). Fox will broadcast the Long Island, N.Y.; Newport, R.I.; Washington and Los Angeles events after ...

Tags: Clear Channel Communications Inc., Fox, Tennis, This Week's Issue

04/22/02
SportsBusiness Journal: Agassi, Graf pitch online products

Steffi Graf and Andre Agassi were one advertiser’s dream doubles team. Tennis legends and newlyweds Andre Agassi and Steffi Graf will endorse German giant Deutsche Telekom's cellular and online prod ...

Tags: Canon Inc., Tennis, This Week's Issue

04/22/02
SportsBusiness Journal: Phils add from MLB credit facility

The Philadelphia Phillies wrapped up their ballpark financing late last month, gaining access to $125 million from a syndicate of banks, plus an additional $55 million from MLB's leaguewide credit facility. The team will borrow from the credit facility first to pay for the constr ...

Tags: Baseball, Finance, Philadelphia Phillies

04/22/02
SportsBusiness Journal: Dolphins, owner angling for loan

The lender for the Miami Dolphins is trying to raise $250 million to split evenly between the team and owner Wayne Huizenga. The money would be delivered as two $125 million loans , both of which would add new debt and refinance some old debt. NFL teams can carry only $125 mil ...

Tags: Finance, Football, Miami Dolphins, NFL

04/22/02
SportsBusiness Journal: USTA loss linked to investments

The U.S. Tennis Association lost $4.3 million in 2001 because of a decline in its stock portfolio, the third consecutive year the tennis group has posted a shortfall . The USTA, which owns the lucrative U.S. Open Tennis Championships, lost $23.4 million between 1999 ...

Tags: Tennis, This Week's Issue

04/22/02
SportsBusiness Journal: Head sees tennis as flat

Head, the European maker of tennis, ski and diving equipment, disclosed that the markets for its three core products totaled $2.24 billion in 2001. Head said in its annual financial statement that, contrary to some other reports that concluded an upswing, the market for tennis products w ...

Tags: Head USA, This Week's Issue

04/22/02
SportsBusiness Journal: Tigers' gate won't cause default

The Detroit Tigers are not in danger of defaulting on their Comerica Park mortgage, the team's banker said, despite rumors swirling among sports finance professionals after the team's poor start. "I categorically deny there are any loan covenants related to performance that could b ...

Tags: Baseball, Detroit Tigers, Finance

04/22/02
SportsBusiness Journal: NFL increases loan program

The NFL last week increased its leaguewide loan program by $210 million to $1.1 billion, a 24 percent jump, to accommodate two additional clubs that joined. The $1.1 billion is housed in a credit facility, a money pool backed by the league's credit and available for all teams to borrow from. ...

Tags: Finance, NFL

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